Year In Review Market Update - 2021
Nic Nicaud
Nic Nicaud (Knee-Ko) is a New Orleans native who moved to Knoxville over 20 years ago...
Nic Nicaud (Knee-Ko) is a New Orleans native who moved to Knoxville over 20 years ago...
2021 was quite the year!
Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year.
Our Team's 2021 In Review
$41M
Total Sales Volume
160
Clients Helped
99
5-Star Reviews
Our Market 2021 Year in Review
0.87 Months of Supply
9,027
New Listings
8,625
Under Contract
9,806
Active Listings
8,670
Closed Sales
$352,943
Average Sales Price
18
Average Days on Market
Curious about how your home's value changed in 2021?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.